Bandhan Bank Business Loan
Enjoy the freedom to take a leap towards success
Bandhan Bank Business Loan Policy
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Location : Mumbai
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CIBIL Score : 700+
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Processing : Online
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Business Vintage : 3 Year
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Loan Amount & Tenure : 1 Lac - 25 Lac / CA Dr - 40 Lac (12 Month to 48 month)
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Loan Product : Proprietorship
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Rate of Interest & Type : 16% to 19% (Reducing)
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TAT : Sanction-2 Days
Disbursement-5 Days -
Processing Fees : 1.5 %
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Foreclosure Charges : 4% after 1 year 25
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Applicant Type : Proprietorship
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Whether Co-Applicant Mandatory : Yes if applicant age 65 year
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Proprietor Age/Co-Applicant Age : 23 Year- 65 Year
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Part Payment Allowed : Yes
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Whether Ownership Proof Required : Yes
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Business Ragistration Proof Mandatory : GST , Shop Act
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Program : ITR - 5 Lac, Banking - 20 Lac, GST - 25 Lac
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Product for Professionals : Yes
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Negative Profile : Advocate, Liquor Business, Coal Industry , Real Estate
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USP : Funding to -1 CIBIL
Documents Required For Bandhan Bank Business Loan
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KYC of applicant & Co-Applicant
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Last 2 year ITR with CA attached
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Last 12 month Bank Statement of applicant
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Copy of GST registration or Shop act
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Copy of Last 12 month GST return
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Latest utility Bill of residence if owned or rent agreement if rented
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Latest utility Bill of Office if owned or rent agreement if rented
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2 Reference with contact details and Passport Size Photo Applicant & Co Applicant
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For Co-Applicant - KYC means Adhaar Card, PAN Card, Passport Size Photo